August 21, 2025 • 7 mins
Tim takes a look at what happened on Wall Street Wednesday and gives some insight into the rest of the week
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
How are you, mister wheat.
Speaker 2 (00:01):
Trop I'm just gonna tell you my days go. My
computers pros up twice. Oh no, I'm back and forth.
Oh it's so far as interesting as morning. But you
know what, I'm gonna take the positive view here. Even
though the market came down a little bit, I'm still
very good FANDASIC today.
Speaker 1 (00:21):
Well, yeah it was.
Speaker 3 (00:23):
Yeah, it was mixed again yesterday, the video palinter and
some of the other big stocks that are in AI technology.
Speaker 1 (00:32):
Uh, you know, it took a little hit.
Speaker 3 (00:34):
But year to date again, year to date, we're looking
pretty good.
Speaker 1 (00:38):
And it wasn't a big loss.
Speaker 3 (00:40):
I don't think anything was more than like zero point
two percent or anything exactly.
Speaker 1 (00:44):
Yeah.
Speaker 2 (00:45):
Yeah, you gotta kind of look at all the rhetoric
that we get makes it sound like the sky is falling,
and it's really not. The Dow was up sixteen points
point oh four. The Nanzak was down one hundred and
forty two points, which is point sixty seven percent. To
Pee down fifteen points, p five hundred down fifteen points,
that'so point twenty four. But yes, it seems like all
(01:07):
these big tech stocks seem to be pulling back a
little bit, but they've been on huge runs. They're going
to pull back a little bit. And you're right, we'll recap.
The Dow year to date is up by point sixty three,
the S and P five hundred is up eight point
seventy four, and the Naszak is up nine point sixty four.
If we ended the year this way, I would be
(01:29):
okay with that. Yes, I'd like more, but it's not negative.
Speaker 1 (01:32):
Right.
Speaker 2 (01:33):
So we've We've had a lot going on this year.
We've had tariffs. The talk is still are Oh, it's
gonna push it's going to push inflation up. Well, I
don't think it's done a whole lot of It's moved
a little bit, but it hasn't done a whole lot.
We've had earnings coming out. Let's look at my goodness.
The company is having a hard time target. I walked
in there the other day. I don't go there a lot,
(01:53):
but I haven't be going there for one thing that
I was right there. The place was packed. People are
in there buying this I think stuff for school. Uh.
Place was packed. And yes, they beat on earnings and
estimate price per share on the sled's quarter, but year
over year they were negative and their CEO is going
to step down in February, Okay, and that puts anytime
ceo steps down and makes people a little nervous. They
(02:15):
lost six point three yesterday. And if you look at
their if you look at their year over or I
shouldn't a year over year, but if I highlight year
to date, all right, I'm sorry, I'm looking at tj Ax.
Here it is Target. If my peer comes up, get.
Speaker 1 (02:34):
It right here?
Speaker 3 (02:35):
Difference sometimes between TJ Max, Marshalls and Target.
Speaker 1 (02:38):
They all saw the same stuff.
Speaker 2 (02:40):
Yeah, but if you're holding their stock, you absolutely know
what they are because you're to date. Target is down
almost twenty seven percent. Oh, they're one years thirty one percent.
Their five year total is negative thirty five. And then
we had TJ Max coming out beat on earnings a year.
We have there year today up fourteen. They're one year
(03:02):
up twenty two, five year up one hundred and sixty seven.
So where are we going? We're going to TJ Max
and Marshall. Yeah, and Walmart's going to come out today.
And I have a feeling, you know, who knows where
their earnings going to be. But people are shopping and
trying to get to discounts because you know, the doward
needs to go a little further today.
Speaker 1 (03:19):
Yeah, and I school got up.
Speaker 3 (03:21):
School is back in for most places and in some
states certainly by after Labor Day. So those prices will
kind of settle in in the next ten to fourteen
days and we'll be able to take a look at that,
you know, in a couple of weeks and see what
really happened.
Speaker 1 (03:38):
But people are out shopping.
Speaker 3 (03:39):
Back to school, and a lot of them are getting
that tax breaks.
Speaker 1 (03:42):
So many states do now too.
Speaker 2 (03:45):
Yeah, I happened to I think a couple of weeks ago,
I bought a pair of tennis shoes and yeah, he goes,
He goes, Oh, I had a coupon. He because you
get that.
Speaker 1 (03:55):
He goes.
Speaker 2 (03:55):
Oh, also no tax and I go, whoa, he goes. Yeah,
it's that how I fell over, Fred. I don't go
to school, but I didn't have to pay tax that day.
Speaker 1 (04:06):
Wow, it's it's a surprise.
Speaker 3 (04:08):
A little closer to home, lazy boy did not have
a good day yesterday.
Speaker 1 (04:13):
I know they took a big loss. Is now double digits.
Speaker 2 (04:16):
They yeah, twelve point one percent on the down side.
And again, you know, the tariffs rearing it's like they
had another one. Esta Lauder dropped three point seven. Uh,
talking about tariffs again, you know, hitting the beauty company.
Speaker 1 (04:32):
Yeah.
Speaker 2 (04:33):
So it's definitely interesting to watch some of these companies,
but the tech pullback. I read an article that is
talking about, well, you know some of these companies aren't
you know, they're talking to the eye, but they're not
bringing everything fruition you talk about.
Speaker 1 (04:46):
This is a big.
Speaker 2 (04:47):
Difference from back in two thousand and two and we
had the big top tech down, when we had companies
come out with great ideas of things that they could
do with all this new tech. And then we had
that negative twenty two in two thousand two for the
S and P five hundred, when the tech bottom just
fell out. And I remember talking to a client, and
yes I'm not old, I was in twenty clients. She goes, oh,
(05:09):
I love this company. I can't remember the company. She was.
They're going to deliver groceries to everybody. I go, how
are they going to do that? I go, that is
some crazy talk. What are they doing now twenty five
years later or twenty three years later delivering groceries people's houses.
Speaker 3 (05:24):
Absolutely. I remember when my son when I saw the
first QR code. My son had created one for something
he was doing. I said, what is that? He said, Dad,
this is the future. He said, in a couple of years,
everybody will have a QR code and it'll connect you
right to the Internet. It's a specifica and I got
I have one right here actually on my control board.
(05:45):
If I have trouble, I scan that QR code and
an IT guy calls me on the phone and says, yeah,
what's going on, what's the problem.
Speaker 1 (05:53):
They're all over the place.
Speaker 3 (05:54):
I have tickets in my phone for events that are
nothing but QR, so I don't have to have an
actual paper ticket anymore.
Speaker 1 (06:03):
They're all over the place.
Speaker 2 (06:05):
It's amazing where technology has gone. So remember, even though
some people say some of these companies, you know, it
will take a while to get their their stuff to
the marketplace, but a lot of these companies are moving
forward a lot faster and we are reaping that technology.
So there are some companies that are delivering. So that's
what a point I wanted to make there. So what
are things very interesting?
Speaker 3 (06:24):
What do things look like in Europe this morning? And
what do the futures look like?
Speaker 2 (06:29):
Well, futures right now again are down. I'm pulling up
the overseas market right now. We have the Euro down
twenty two, the Flizzy down twenty three points, that X
down forty two, the Cat down forty three. So in
Europe a little negative. The Asian market the only one
on to the positive was a Shanghai of sixteen points.
Same thing negative sixty one. The nie K is down
(06:53):
tour in seventy eight.
Speaker 1 (06:54):
All right, you keep an eye on things.
Speaker 3 (06:56):
Tomorrow we'll hear from Chairman Powell from the that'll be
interesting and that'll make the market move Tomorrow. We'll see
what happens today and we'll talk to Tim on Friday morning.
Now if you need to get a hold of them
before that. Four one nine eight two four thirty three hundred,
timw at Retroadvisors dot com, also on Facebook and on LinkedIn.
(07:21):
Advisory services are offered through Capital Investment Advisory Services. LC
securities are offered through Capital Investment Group, a member of
FINRA SIPC
How are you, mister wheat.
Speaker 2 (00:01):
Trop I'm just gonna tell you my days go. My
computers pros up twice. Oh no, I'm back and forth.
Oh it's so far as interesting as morning. But you
know what, I'm gonna take the positive view here. Even
though the market came down a little bit, I'm still
very good FANDASIC today.
Speaker 1 (00:21):
Well, yeah it was.
Speaker 3 (00:23):
Yeah, it was mixed again yesterday, the video palinter and
some of the other big stocks that are in AI technology.
Speaker 1 (00:32):
Uh, you know, it took a little hit.
Speaker 3 (00:34):
But year to date again, year to date, we're looking
pretty good.
Speaker 1 (00:38):
And it wasn't a big loss.
Speaker 3 (00:40):
I don't think anything was more than like zero point
two percent or anything exactly.
Speaker 1 (00:44):
Yeah.
Speaker 2 (00:45):
Yeah, you gotta kind of look at all the rhetoric
that we get makes it sound like the sky is falling,
and it's really not. The Dow was up sixteen points
point oh four. The Nanzak was down one hundred and
forty two points, which is point sixty seven percent. To
Pee down fifteen points, p five hundred down fifteen points,
that'so point twenty four. But yes, it seems like all
(01:07):
these big tech stocks seem to be pulling back a
little bit, but they've been on huge runs. They're going
to pull back a little bit. And you're right, we'll recap.
The Dow year to date is up by point sixty three,
the S and P five hundred is up eight point
seventy four, and the Naszak is up nine point sixty four.
If we ended the year this way, I would be
(01:29):
okay with that. Yes, I'd like more, but it's not negative.
Speaker 1 (01:32):
Right.
Speaker 2 (01:33):
So we've We've had a lot going on this year.
We've had tariffs. The talk is still are Oh, it's
gonna push it's going to push inflation up. Well, I
don't think it's done a whole lot of It's moved
a little bit, but it hasn't done a whole lot.
We've had earnings coming out. Let's look at my goodness.
The company is having a hard time target. I walked
in there the other day. I don't go there a lot,
(01:53):
but I haven't be going there for one thing that
I was right there. The place was packed. People are
in there buying this I think stuff for school. Uh.
Place was packed. And yes, they beat on earnings and
estimate price per share on the sled's quarter, but year
over year they were negative and their CEO is going
to step down in February, Okay, and that puts anytime
ceo steps down and makes people a little nervous. They
(02:15):
lost six point three yesterday. And if you look at
their if you look at their year over or I
shouldn't a year over year, but if I highlight year
to date, all right, I'm sorry, I'm looking at tj Ax.
Here it is Target. If my peer comes up, get.
Speaker 1 (02:34):
It right here?
Speaker 3 (02:35):
Difference sometimes between TJ Max, Marshalls and Target.
Speaker 1 (02:38):
They all saw the same stuff.
Speaker 2 (02:40):
Yeah, but if you're holding their stock, you absolutely know
what they are because you're to date. Target is down
almost twenty seven percent. Oh, they're one years thirty one percent.
Their five year total is negative thirty five. And then
we had TJ Max coming out beat on earnings a year.
We have there year today up fourteen. They're one year
(03:02):
up twenty two, five year up one hundred and sixty seven.
So where are we going? We're going to TJ Max
and Marshall. Yeah, and Walmart's going to come out today.
And I have a feeling, you know, who knows where
their earnings going to be. But people are shopping and
trying to get to discounts because you know, the doward
needs to go a little further today.
Speaker 1 (03:19):
Yeah, and I school got up.
Speaker 3 (03:21):
School is back in for most places and in some
states certainly by after Labor Day. So those prices will
kind of settle in in the next ten to fourteen
days and we'll be able to take a look at that,
you know, in a couple of weeks and see what
really happened.
Speaker 1 (03:38):
But people are out shopping.
Speaker 3 (03:39):
Back to school, and a lot of them are getting
that tax breaks.
Speaker 1 (03:42):
So many states do now too.
Speaker 2 (03:45):
Yeah, I happened to I think a couple of weeks ago,
I bought a pair of tennis shoes and yeah, he goes,
He goes, Oh, I had a coupon. He because you
get that.
Speaker 1 (03:55):
He goes.
Speaker 2 (03:55):
Oh, also no tax and I go, whoa, he goes. Yeah,
it's that how I fell over, Fred. I don't go
to school, but I didn't have to pay tax that day.
Speaker 1 (04:06):
Wow, it's it's a surprise.
Speaker 3 (04:08):
A little closer to home, lazy boy did not have
a good day yesterday.
Speaker 1 (04:13):
I know they took a big loss. Is now double digits.
Speaker 2 (04:16):
They yeah, twelve point one percent on the down side.
And again, you know, the tariffs rearing it's like they
had another one. Esta Lauder dropped three point seven. Uh,
talking about tariffs again, you know, hitting the beauty company.
Speaker 1 (04:32):
Yeah.
Speaker 2 (04:33):
So it's definitely interesting to watch some of these companies,
but the tech pullback. I read an article that is
talking about, well, you know some of these companies aren't
you know, they're talking to the eye, but they're not
bringing everything fruition you talk about.
Speaker 1 (04:46):
This is a big.
Speaker 2 (04:47):
Difference from back in two thousand and two and we
had the big top tech down, when we had companies
come out with great ideas of things that they could
do with all this new tech. And then we had
that negative twenty two in two thousand two for the
S and P five hundred, when the tech bottom just
fell out. And I remember talking to a client, and
yes I'm not old, I was in twenty clients. She goes, oh,
(05:09):
I love this company. I can't remember the company. She was.
They're going to deliver groceries to everybody. I go, how
are they going to do that? I go, that is
some crazy talk. What are they doing now twenty five
years later or twenty three years later delivering groceries people's houses.
Speaker 3 (05:24):
Absolutely. I remember when my son when I saw the
first QR code. My son had created one for something
he was doing. I said, what is that? He said, Dad,
this is the future. He said, in a couple of years,
everybody will have a QR code and it'll connect you
right to the Internet. It's a specifica and I got
I have one right here actually on my control board.
(05:45):
If I have trouble, I scan that QR code and
an IT guy calls me on the phone and says, yeah,
what's going on, what's the problem.
Speaker 1 (05:53):
They're all over the place.
Speaker 3 (05:54):
I have tickets in my phone for events that are
nothing but QR, so I don't have to have an
actual paper ticket anymore.
Speaker 1 (06:03):
They're all over the place.
Speaker 2 (06:05):
It's amazing where technology has gone. So remember, even though
some people say some of these companies, you know, it
will take a while to get their their stuff to
the marketplace, but a lot of these companies are moving
forward a lot faster and we are reaping that technology.
So there are some companies that are delivering. So that's
what a point I wanted to make there. So what
are things very interesting?
Speaker 3 (06:24):
What do things look like in Europe this morning? And
what do the futures look like?
Speaker 2 (06:29):
Well, futures right now again are down. I'm pulling up
the overseas market right now. We have the Euro down
twenty two, the Flizzy down twenty three points, that X
down forty two, the Cat down forty three. So in
Europe a little negative. The Asian market the only one
on to the positive was a Shanghai of sixteen points.
Same thing negative sixty one. The nie K is down
(06:53):
tour in seventy eight.
Speaker 1 (06:54):
All right, you keep an eye on things.
Speaker 3 (06:56):
Tomorrow we'll hear from Chairman Powell from the that'll be
interesting and that'll make the market move Tomorrow. We'll see
what happens today and we'll talk to Tim on Friday morning.
Now if you need to get a hold of them
before that. Four one nine eight two four thirty three hundred,
timw at Retroadvisors dot com, also on Facebook and on LinkedIn.
(07:21):
Advisory services are offered through Capital Investment Advisory Services. LC
securities are offered through Capital Investment Group, a member of
FINRA SIPC
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